Lululemon stock jumps as international growth helps to offset slowing U.S. sales
Publishing timestamp: 2024-12-05 21:19:18
Summary
Lululemon beat Wall Street's expectations in Q3, but CEO takes cautious tone for Q4 outlook. Company's U.S. growth is slowing, but international sales are growing. Lululemon is focusing on new product releases and stock buybacks to keep investors happy.
Sentiment: MIXED
Tickers: NKE, LEVI, GAP, VFC, LULU,
Keywords: retail industry, calvin mcdonald, gap inc, lululemon athletica inc, business news, breaking news: business, nike inc, vf corp, breaking news: earnings, earnings, levi strauss & co, united states, business,
Source: https://www.cnbc.com/2024/12/05/lululemon-lulu-earnings-q3-2024.html